The Philippines, the world’s largest rice importer, has reduced the import tax on rice from 35% to 15% from this year until 2028 to cool down domestic inflation. However, analysts worry that the move could benefit major rice-producing countries in Asia, such as...
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), catfish export turnover in the first 5 months of 2024 was about 725 million USD, up 2% over the same period in 2023. In particular, the turnover in May 2024 reached 146 million USD, an...
The pepper price today in the Central Highlands and the Southeast region increased by 1,000–2,000 VND/kg. The highest purchase price in Dak Nong province is 145,000 VND/kg. Accordingly, pepper in Dak Lak is purchased at 144,000 VND/kg, an increase of 2,000 compared to...
Chi Lang district has the largest chili-growing area in Lang Son province (accounting for about 50%). This is one of the key crops of the district, which people focus on production in the winter-spring season. The whole district planted about 726 ha of chili this year...
The domestic price of coffee is around 120,000 – 121,200 VND/kg. The inventory of farmers has almost gone so the trading situation is not vibrant despite high prices. Robusta and Arabica prices on the two world exchanges simultaneously increased by more than 5% due to...
The rising demand from the world’s largest markets such as the US, China, and the EU has led to an increase in world market prices. As a result, the prices of Vietnam’s pepper have been going up sharply ever since. PEPPER PRICES ARE RISING STRONGLY, WHICH...